Write up a two-column cashbook from the following details, and balance off as at the end of the…
Write up a two-column cashbook from the following details, and balance off as at the end of the month:
2003
May | 1 | Started business with capital in cash sh. 1,000. | |
“ | 2 | Paid rent by cash sh. 100. | |
“ | 3 | F Lake lent us sh. 5,000, paid by cheque. | |
“ | 4 | We paid B McKenzie by cheque sh. 650. | |
“ | 5 | Cash sales sh. 980. | |
“ | 7 | N Miller paid us by cheque sh. 620. | |
“ | 9 | We paid B Burton in cash sh. 220. | |
“ | 11 | Cash sales paid direct into the bank sh. 530. | |
“ | 15 | G Moores paid us in cash sh. 650. | |
“ | 16 | We took sh. 500 out of the cash till and paid it into the bank account. | |
“ | 19 | We repaid F Lake sh. 1,000 by cheque. | |
“ | 22 | Cash sales paid direct into the bank sh. 660. | |
“ | 26 | Paid motor expenses by cheque sh. 120. | |
“ | 30 | Withdrew sh. 1,000 cash from the bank for business use. | |
“ | 31 | Paid wages in cash sh. 970. |
